Paysafe Share Discussion Threads

[malcolmmm] 17/1/2017 11:00

EH9 I agree some hedge funds have made huge losses. The downside here is limited imo

[eh9] 17/1/2017 10:52

Most hedge funds have had an appalling two years and lots are shutting down! 37% of shorts closed out in a month is very meaningful.

[frankwhite] 17/1/2017 10:48

37% shorts have closed, I'd be more comfortable with 100% closed! These hedgies are not all idiots.

[eh9] 17/1/2017 10:38

37% of the shorts have closed. All analysts have either upgraded or retained targets. 90% of buyback still to run. It's a no brainer!

[frankwhite] 17/1/2017 10:24

Salpara I agree, I am an ex-lover of this share. I have sold out completely today, there will be better opportunities to invest elsewhere in the coming weeks. What happens when markets reach all time highs? We get buying opps when they slide 20%! As others have pointed out this is a great trading share not one to tuck away for the long term. The future may be bright but I haven't seen much upside for a while now. Even after the Skrill acquisition/FTSE 250 entry, everyone was shouting what a game changer this would be, consolidator in the sector etc etc. The share price does not reflect this and I am not going against shorters for one, we all know how that can turn out. Ask yourself why are shorts still out there if this is such a great money making machine? Go with the flow and trade this share when it goes lower and sleep easy at night! Much better growth companies out there that have much better momentum than this, what's the point hanging on? Never fall in love with a share ;)

Good luck to holders, just my HO.

[malcolmmm] 17/1/2017 10:15

I think a lot of people are predicting a pullback in the markets after the recent good run. Usually goes the other way but who knows. I have set aside some funds for any opportunity in the event of a sell off.

[schmally] 17/1/2017 10:07

Whilst PEPM seem to have reduced their short position from 2% to 1.26%, over the past 2-3 weeks AEK have maintained their 2.61% position since 21st Dec. I'll start to feel much more comfortable when AEK start to reduce their position and we get below 3% in total.

There is still some nervousness around PAYS (whether unwarranted or not??), so some PI's have inevitably taken the opportunity to sell over the past week or so when the price recovered. Many PI's understandably get spooked with the type of volatility that PAYS is susceptible to.

If there is no further negative news flow and the shorters continue to reduce their positions prior to the results, then I believe the share price will stabilise around £4 and accelerate towards £4.50 following the final results if the key messages are positive. Any confirmation of an appropriate acquisition should push the share towards £5 and beyond, provided it can be funded sensibly.

I'm nervous but ultimately remaining resolute.

hxxp://shorttracker.co.uk/company/GB0034264548/all

[callmebwana] 17/1/2017 09:48

Shorts reduced to 4.47% now.

[nurdin] 17/1/2017 09:27

I think there is greater awareness of the potential risks here than prior to the Spotlight report, even though the the later greatly exaggerated the risks.Suspect that has persuaded some IIs to reduce their exposure.Just my opinion.

[maddox] 17/1/2017 09:04

Hi Salpara,

You seem to be in a constant state of anxiety chum - reading your track record - seem to be incredibly accident prone. Are you a stock market ambulance chased looking to exploit businesses in trouble perhaps?

Anyway according to your previous post 4 Jan you are not a holder but sold-out.

I don't need to read your substance-lacking fear and despondency, you're filtered.

[malcolmmm] 17/1/2017 08:56

I think the market regards these as risky but an acquisition will change all that.Rather than pay dividends they are using the money to grow rapidly

[sir gimli] 17/1/2017 08:45

Salpara - I disagree. During the buyback process the company will aim to maximise the repurchase at a low price. Low price equates to less cost to the company & shareholders, so for maximum benefit there is no point in the share price being chased higher. Despite this we are still nearly 10% up on where we were in December.

Also a point no one seems to have picked up on here - as the re-purchase process continues, the shorters relative % of shareholding will increase simply because there are less shares in circulation. To date we are seeing the opposite suggesting the shorts are closing relatively faster than the company is repurchasing. So thats very positive.

[salpara111] 17/1/2017 08:25

Hmm, they have bought 1,000,000 shares over the last 3 trading days and the share price is down.
As a holder I shudder to think what would have happened to the share price if they had not bought such a substantial number of shares.
Despite all the positive broker notes it is pretty clear that there are large holders of the stock who are more than willing to sell up at the current level.

[bonnard] 16/1/2017 21:14

Sheep Herder. Not idealist... realist. I bought into PAYS about 2 hours before the bear raid. The discussion on this thread was excellent and I more than doubled up during the spike down. So am in profit thanks partly to the discussion here. Anyway, having been investing for over 30 years,I have come to expect that in the short term it is not possible to apply reasoning to share price movement. I can wait for the potential of PAYS to be reflected in the price. Apart from that, I'm not sure I would have understood your sensible reply since it is now past G&T time.

[mannymif] 16/1/2017 21:11

There is an awful lot of time and energy spent focusing on short positions.it is RARE that hedge funds have outright short positions. The short position will be against another long and it's the spread that matters. Also, relative to to ongoing buyback, this position is white noise. I really wouldn't give them air time and I think they are probably surprised that we give them so much relevance.

[malcolmmm] 16/1/2017 20:59

I think people seem to forget that the share price has made a significant recovery since the Spot light report. Patience will be rewarded IMO.

[scothernman] 16/1/2017 20:36

AEK starting to close their short position below 2% will be the signal for share price to start to rise back to 450p level and above.

Shorts attack failed to take into account the share buy back potential and the brokers coming out strong stating facts and breaking down earnings for the share price significant recovery. Kudos to board for coming up with this defense/ offense. All this ensured the share price recovered to preattack level or else it would have gone downhill like IPF for example with reasons of one major source of income.
Hence the shorts started to close as there was not much to gain and left like locusts with share price recovering. Market Makers will take price down like on Friday to sell huge million lots. Patience will pay for longs.

[sheep_herder] 16/1/2017 20:27

Bonnard, I was going to write a sensible reply, but I've had a glass of wine and life is too short. I will just LOL at you for being such an idealist in such a crooked corner of the world.

[bonnard] 16/1/2017 20:14

If the shorts are closing, and PAYS is buying in significant volume, then the lack of movement in the share price suggests that there is a lot of selling from somewhere.

[wolfhound1] 16/1/2017 19:49

Very true Polythene - he who pays the piper plays the tune.

[eh9] 16/1/2017 19:36

37% of the shorts have been closed. There is real momentum to closing now.

[polythene] 16/1/2017 18:33

Remember the mms will facilitate the shorters in closing. They want to trade shares. If they have buy orders at certain limits they will do their best to fill them. They are complicit and do not give a sh*t about the true value of the share or who is getting burned. They just want to shift product. It will be held here as much as possible and more people will get spooked into selling and the shorts will be facilitated.

[f1araway] 16/1/2017 17:31

Sheep_Herder"Nice rise this AM, must must mean we'll finish red. :-)" Well you could hardly be closer. Anyway, I was getting dizzy up there.

[malcolmmm] 16/1/2017 17:25

SP's usually go up when holders get fed up and sell. With the buybacks I am holding as the downside is limited but good upside with an acquisition due at any time.